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Author Topic: How to choose exchange. My experience  (Read 674 times)
Dondont
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June 05, 2018, 10:56:09 PM
 #21


2. https://forkdelta.github.io/

Exchange fork etherdelta, they have one smart contract. The exchange is similar to a drain pit. Many of those coins that have not yet entered the normal exchanges are traded, usually not large volumes. The price is often much lower than the ICO. I prefer to use this exchange only as a last resort, it is better to wait for the coin to exit to a normal exchange and sell at a higher price.

   Pros:
  • low commissions
  • verification is not needed for withdraw
  • a lot of tokens

   Minuses:
  • no intuitive interface
  • sometimes slows down

   Conclusion: I recommend in cases when you need to merge a coin into which you do not believe or buy cheaply the one in which you are sure.


3. https://idex.market/

One of my favorite exchanges. Good volumes. I would recommend that novices take a closer look at it. Of course, not without flaws.
   Pros:
  • low commissions
  • verification is not needed for output
  • a lot of tokens
  • good volumes
  • a fairly clear interface

   Minuses:
  • laggy, sometimes strongly
  • sometimes you have to wait for transactions
  • the minimum amount for an order  0.15 ETH (keep in mind at small volumes)

   Conclusion: I recommend for constant trading



For me forkdelta is like a place to buy and sell below the price of most the market price, and the fees is above the average, because however, the deposit and withdrawal fees following the recommend Gas & Gwei Price

And idex is very not recommended for constant trading, as you just said the minuses, its high laggy really disturbing

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June 05, 2018, 11:00:34 PM
 #22

Kucoin, binance and idex. Idex instead of forkdelta.
That is what I chose from your list or whatI have been using since I started trading.
Others are messed up for me. Too many issues and one example is hitbtc. Like you saud it is for trading carefully. Why should I? Then I would rather pick the other ones instead of that trading platform.
Too many of that kind being created by now. Soon there will be much bigger.
Streamity could also be one, once they finished their ICO. Let us see.

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June 05, 2018, 11:08:29 PM
 #23

Thank you for your attention.
Thank you.
charlzyeby
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June 05, 2018, 11:17:23 PM
 #24

Hitbtc has got some outrageous charges on withdrawal. Binance is well known and has earned its status as one of the best exchanges, evryone wants their coin to be listed on binance because of their volume. Trading is so fast and simple. I like cobinhood too, it's quite simple to use.
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June 05, 2018, 11:24:48 PM
 #25

We must choose Exchangers carefully. Because more and more scammers are creating phishing sites to retrieve our login data. Make sure that we type the address correctly.
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June 05, 2018, 11:25:24 PM
 #26

Thank you very much for the post. Even though i have been here for months in this forum, i know only little about how to exchange my tokens.
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June 05, 2018, 11:27:50 PM
 #27

I do use binance a lot. They are good, but sometimes the main page gets extremely laggy. Probably due to the charts being constantly updated. I have seen many people reporting the same thing. I wouldn't say their fees are the best though. And the fixed withdrawal fee is something i don't actually like at all. Never heard of qryptos though. Might give that a try.

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June 05, 2018, 11:29:13 PM
 #28

I would certainly not include forkdelta and qryptos in this list. One is unusable and the authorities are making a very late return. It reminded me of the situation before poloniaex was sold.
same here, after etherdelta, forkdelta has been launch, since then, I dont use it because of many issues that I experienced on etherdelta, I dont want the same experienced happen to me again.

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June 05, 2018, 11:55:10 PM
 #29

Binance, Bittrex, is the best exchange for me, already trading over there, but for now even after new exchange are born, both exchange still famous and exist because the trading volume is really make and keep encourage people to trading in there
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June 06, 2018, 11:37:41 AM
 #30

According to me Binance is the very best option for exchanging. It is reliable and flexible. Most of the investors have a good experience regarding Binance. We can go for the different exchanges like hitbtc and kucoin. These two are also good. But I will prefer Binance than others but there are alternatives for the investors.
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June 06, 2018, 12:06:05 PM
 #31

This is so interesting and helpful. How I wish I came across this about two weeks ago before I made my first trade. I traded on forkdelta and I was wondering why the biddings were so low but now I know.
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June 08, 2018, 08:30:38 PM
 #32

Binance, Bittrex, Cryptopia, Kucoin, Idex - I trade only on these exchanges. And already used and everything suits and is very convenient. And there were no problems yet.

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June 08, 2018, 08:36:49 PM
 #33

Do not be surprised by what you mentioned above. There is no denying its usefulness to the newcomers here, but to me, it does not work. But I still give you 1 merit, this is an incentive for you.
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June 08, 2018, 09:17:00 PM
 #34

the main criteria that should be considered when choosing a trading platform are: -Reputation (before, to raise funds for an unfamiliar exchange, it is better to read reviews about it on forums such as bitcointalk or Reddit); -Commissions (each time buying and selling digital currency, the user pays a commission fee to the Exchange, it may differ on different sites, but on average it is 0.2%);-the number of trading pairs (some users prefer to trade high-liquidity cryptocurrencies from the "top-10", others - volatile and less liquid altcoyins).
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June 09, 2018, 09:13:21 AM
 #35

You have done a fairly detailed description.
But I would add a note about Etherdelta.
- Several times this exchange has been attacked by hackers. Some people lost money.
- the exchange owners changed.
- there were some problems with the withdrawal of money.
In my opinion, newcomers should understand that there were many problems with this exchange and it is necessary to be more careful.

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June 09, 2018, 09:27:06 AM
 #36

Thanks for the list and for your work. The list is really helpful for me.
I am already busy the last few days looking for some good exchanges.
I'll sign up there later and then see which stock exchange i continue to use.
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June 09, 2018, 10:01:01 AM
 #37

Absolutely agree with opinion about binance, kucoin and IDEX. Stopped using  forkdelta and hitbtc. Never traded on qryptos.

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June 09, 2018, 09:15:10 PM
 #38

Thank you for such an interesting and informative article. I hope that it will help the investors a lot while doing their investments.
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June 09, 2018, 09:29:55 PM
 #39

Thanks for sharing some words for those exchanges its a good starting point for newbies to choose what exchange is best for them. Im currently using binance, kucoin and hitbtc and so far I dont have any issues in using these exchanges they are not always smooth but not a major problem to be worried about. There are many reviews in google for each exchanges thus it wont be hard to decide if you're going to try them or not.

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June 09, 2018, 10:02:50 PM
 #40

Out of all you listed, Binance remains the best. I have also noticed that bots trade on hitbtc, because i just imagine sometime how some transactions are executed. Kucoin is a young exchange site that follows after the footstep of Binance.
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